Reform energy services

The Vietnamese Government and the United Nations Development Program (UNDP) will jointly hold an international conference titled “Economic Reforms for Inclusive and Sustainable Growth: International Experience and Lessons for Vietnam” in Hanoi on 24 and 25 March to bring international lessons and experiences to assist Vietnam in furthering the economic reforms in its pursuit for more inclusive and sustainable growth.
The conference will attract more than 150 participants including policy makers from different line ministries and provinces, researchers from national research institutes, representatives from domestic enterprises, ambassadors from G20 and ASEAN countries, and representatives from multilateral development agencies such as the World Bank, IMF and ADB.
On this occasion, VietNamNet would like to introduce an article by Ms. Pratibha Mehta, UN Resident Coordinator and UNDP Resident Representative in Vietnam.
Ms. Pratibha Mehta.
Vietnam’s economic … [Read more...] about Resolving institutional bottlenecks, governance reforms key for VN’s development

Prime Minister Nguyen Tan Dung has committed to further improving institutions to help Vietnam’s economy grow based on the rules of a market economy and the country’s commitments to international integration.
Speaking on day one of the tenth meeting of the 13th National Assembly (NA) in Hanoi on October 20, Dung unveiled plans to develop and operate markets effectively towards 2020, ensure healthy competition for enterprises in different sectors, and carry out development strategies, resource allocations and price management in line with a proper market mechanism.
One of the major problems, according to Dung, is inadequate awareness of the socialist-oriented market economy in many fields. This has resulted in drafting and applying institutions and policies that are inconsistent with and unsuitable for a market economy. This is one of the reasons resources have not been effectively mobilized and allocated for development investments.
In addition to institutional … [Read more...] about PM pledges further institutional reform

Administrative Reform - Business Environment Improvement
In every country in the world, particularly in ASEAN countries, administrative reform is always of great concern for governments and is one of the most important factors in public administration reform. To portray this issue, Vietnam Business Forum, Vietnam Chamber of Commerce and Industry (VCCI), in cooperation with the National Political Publishing House, released a publication titled “Administrative reform for economic development, business environment improvement” chief-authored by Dr Doan Duy Khuong. In this publication, the authors strongly put forth recommendations and solutions that Vietnam, as well as other countries with similar development, can consult to improve the effectiveness of administrative reform. Vietnam Business Forum would like to excerpt these recommendations and solutions. Recommendation 1: Dynamic vision and approach system is needed In the current changing world, each nation is facing … [Read more...] about Administrative Reform – Business Environment Improvement

The delegation of the European Union to Vietnam said the bloc has allocated 346 million euros (US$368 million) in non-refundable aid to support the development of sustainable energy in Vietnam between 2014 and 2020. Sustainable energy has been selected as one of the two focal areas of the EU Development Cooperation in Vietnam for the 2014 - 2020 period, Ambassador Franz Jessen, head of the delegation, said at a workshop jointly held by the delegation and the Ministry of Industry and Trade in Hanoi on Wednesday. The program aims to improve energy generation and consumption in Vietnam, increase the share of clean and renewable energy in the energy mix, and improve access to reliable and sustainable energy services by the people, according to Hoang Quoc Vuong, deputy minister of industry and trade. "Although Vietnam is now an energy exporter, it will become a net energy importer in the near future with estimated imports of 17 million tons of coal, equivalent to 31 percent of its energy … [Read more...] about EU supports sustainable energy in Vietnam with large fund